23/01/2026
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Toyota MR2 Is Coming Back, and It Might Be Wilder Than You Think
People who grew up loving the wedge-shaped, mid-engine Toyota MR2 have been waiting years for a proper comeback. Now it’s finally taking shape, though not in the way many expected. Gazoo Racing’s president confirmed a new mid-engine sports car is under development, and he called it a priority for the brand’s performance lineup. Right now, engineers are working through the very early stages of its design, so don’t expect to see a finished car until late in this decade. 
The heart of this car is likely to be Toyota’s new turbocharged 2.0-liter four-cylinder engine that we’ve seen in prototypes like the GR Yaris M Concept. In race trim, this engine shows a lot of potential and could well become the defining feature of the new MR2’s character. Toyota claims it’s small and powerful enough to meet future emissions standards without sacrificing pure petrol power. Hybrid tech is still possible, but not confirmed. 
Toyota has also been quietly protecting the GR MR2 and GR MR-S names with trademark filings in Japan, Australia, the U.S., and more countries, suggesting this won’t just be a concept but a production-ready model built under the Gazoo Racing banner. 
There was a bit of a tease earlier this year when Toyota hinted at a mid-engine two-seater at the Tokyo Auto Salon, only for it to turn out to be a quirky kei truck creation. That only fired up a conversation about what really might be coming. 
A new MR2 hitting showrooms years from now wouldn’t just be nostalgia. It would fill a gap left by the Supra’s exit and sit alongside cars like the GR86, giving enthusiasts a true driver-focused machine with mid-engine balance and modern performance.